Standard Offer

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In 2009, the Vermont legislature amended the Sustainably Priced Energy for Economic Development (SPEED) program to include a standard offer, through which renewable energy developers can receive a long-term, fixed-price contract for renewables facilities up to 2.2 MW in size each from utilities. The original program cap was 50 MW, which was amended to 127.5 MW in Act 170 of the 2011-2012 legislative session (built up over time, through 2022). For more information on the current program design, please visit the website of the Vermont SPEED facilitator.